NOT LISTED FOR SALE

Estimated Value: $154,000 - $361,000

2 Beds
-- Bath
1,260 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $287,000 $228 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,756/month

6 Days on Market

About This Home

As of October 2020

SIDE BY SIDE DOUBLES!! MUST BE SOLD TOGETHER with 1823-1825 W Morris, as they share a common rear parking lot, and outside storage building. Properties extremely well maintained! Great solid properties in excellent rental area. Units have updated electrical services and pex plumbing, updated sewer connections and water mains. The current tenants are long term tenants. Converted garage has storage closet for each unit. Properties are walking distance to 2 elementary schools, Rodius Park, Mary Rigg Community Center, Public Library branch, and Eli Lilly Technology Center. PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Karen Young

Young-Kinney, LLC License #RB14031214 Listed on: 09/12/2020

Last Buyer's Agent

Kelly Huff

F.C. Tucker Company License #RB14038814

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1900

Lot Details

  • 5,227

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Additional Features

  • 2-Story Property
  • 5,227 Sq Ft Lot

Community Details

  • Tweeds Oxford Park Subdivision

Listing and Financial Details

  • Tenant pays for security, cable TV, insurance, all utilities
  • The owner pays for insurance, lawncare, taxes, no utilities
  • Assessor Parcel Number 491115133047000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,788

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1900
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: TWEEDS OXFORD PARK
  • Inspection Warranties: Not Applicable
  • Property Description: SIDE BY SIDE DOUBLES!! MUST BE SOLD TOGETHER with 1823-1825 W Morris, as they share a common rear parking lot, and outside storage building. Properties extremely well maintained! Great solid properties in excellent rental area. Units have updated electrical services and pex plumbing, updated sewer connections and water mains. The current tenants are long term tenants. Converted garage has storage closet for each unit. Properties are walking distance to 2 elementary schools, Rodius Park, Mary Rigg Community Center, Public Library branch, and Eli Lilly Technology Center. PLEASE DO NOT DISTURB TENANTS!
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Insurance, Lawncare, Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block, Block
  • List Price: 287000

Garage/Parking

  • Unit Parking: On Street,Parking Lot

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491115133047000101
  • Acres: <1/4 Acre
  • Lot Information: Access Alley,Access Street,Busline,Sidewalks,Street Lights
  • Lot Number: 10
  • Lot Size: 5040

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Security, Cable TV, Insurance, All Utilities

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2788
  • Semi Annual Property Tax Amt: 1394
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Oct 29, 2020
Sold by
Staker Future Llc
Bought by
Balogun Shakiru A
Seller's Agent
Karen Young
Young-Kinney, LLC
Buyer's Agent
Kelly Huff
F.C. Tucker Company
List Price
$287,000
Sold Price
$287,000
Current Estimated Value
$248,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,594
Avg. Annual Appreciation
-3.14%
Original Mortgage
$116,250
Outstanding Balance
$104,790
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$142,301

Purchase Details

Closed on
Sep 14, 2009
Sold by
Young Karen M and Rice Stanley M
Bought by
Stakar Future Llc

Purchase Details

Closed on
Aug 12, 2005
Sold by
Benjamin James M and Benjamin Frances A
Bought by
Young Karen M and Rice Stanley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
6.01%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Balogun Shakiru A -- Investors Title Service, Inc.
Stakar Future Llc -- None Available
Young Karen M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balogun Shakiru A $116,250
Previous Owner Rice Stanley M $96,000
Previous Owner Rice Stanley M $72,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $287,000 0.0% $228 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/12/2020 09/12/20 For Sale $287,000 -- $228 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,560 $216,800 $3,400 $213,400
2023 $4,560 $186,400 $3,400 $183,000
2022 $3,340 $191,800 $3,400 $188,400
2021 $3,340 $139,000 $3,400 $135,600
2020 $1,426 $61,600 $3,400 $58,200
2019 $1,386 $58,700 $3,400 $55,300
2018 $1,480 $56,800 $3,400 $53,400
2017 $651 $24,800 $3,400 $21,400
2016 $518 $23,900 $3,400 $20,500
2014 $493 $22,800 $3,400 $19,400
2013 $603 $27,800 $3,400 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21737322

MIBOR Broker Listing Cooperative®

APN: 49-11-15-133-047.000-101